Chain News, lightweight Bitcoin Wallet Electrum announced that the next version will support Lightning network payment, implemented using Python, Electrum as a Lightning network node, wallet users do not need to run lightning network nodes to make payments, electrum lightning network nodes have been merged into the Electrum master branch.
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We will continue to monitor and track further movements of funds after a recent user submitted a coin-losing incident claiming that the download used an Electrum wallet had been phishing attack, losing more than 700 bitcoins, and that the stolen address had been added to the Devi AML system. It is reported that malicious website (electrumsecure) fake E) fake Electrum website to carry out phishing attacks, guide users to download and use the wallet, in order to steal the user's private key and other sensitive data. Devi Security Labs is here to remind users not to install unknown sources of Electrum wallets, to avoid asset losses.
The cryptocurrencies wallet Electrum has lost nearly 250 bitcoins ($914,000) as a result of the new phishing attack. Electrum has confirmed the authenticity of the attack. An attacker could induce a user to provide password information by creating a fake wallet.
Electrum is a popular software wallet that works by connecting to a dedicated server. These servers receive a hash of the Bitcoin address in the wallet and reply with transaction information. Electrum wallets are fast and have few resources, but by default, it connects to these servers and can easily monitor users. In addition to Electrum, some other software uses public Electrum servers. By 2019, it is a faster and better alternative to BIP37.
Lightweight Bitcoin Wallet Electrum announced that the next version will support Lightning network payments, implemented with Python, an electrum network node where wallet users do not need to run Lightning network nodes themselves to make payments, and electrum's Lightning network nodes have now been merged into the Electrum master branch.
Electrum is a software wallet. It provides more security than an online wallet, but less than a paper wallet or hardware wallet.
BTC wallet app Electrum was attacked and users lost millions of dollars.
Another upgrade under study is the release of a new version of the Electrum-LTC desktop wallet. Electrum-LTC is an SPV wallet that can be used in Windows, Linux, and OS X operating systems.
MyMonero type: The MyMonero wallet family uses a method similar to the Electrum convention, but the seed phrase is 13 words instead of the usual 25 words. These 13 words are converted to 128-bit integers for spending and viewing key derivation. The seed integer is hashed with Keccak-256 and converted to the payment private key. The payment private key is hashed again with Keccak-256 and converted to view the private key.